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ARTICLE · 27 MAY 2015

How The New Federal Pension Benefits Standards Regulations Affect Plan Administrators

Bennett Jones LLP
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Significant changes to the PBSR have been made in order to modernize the pension fund investment rules found in Schedule III of the PBSR.

CanadaEmployment and HR

Amendments to the Pension Benefits Standards Regulations, 1985 (PBSR), first announced by the Minister of Finance in October 2009 and released in draft form on September 19, 2014, were released in final form on March 25, 2015. The amendments to the PBSR involve changes to the pension investment rules, changes affecting the regulatory framework for federally regulated defined contribution (DC) plans, as well as other changes affecting member disclosure, electronic communications and improving protection for plan members and beneficiaries under federally regulated plans. The amendments are scheduled to come into force on April 1, 2015 and July 1, 2016.

Changes to the Pension Investment Rules

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